Previous Close | 49.06 |
Open | 49.34 |
Bid | 50.11 x 1400 |
Ask | 51.00 x 1300 |
Day's Range | 49.14 - 50.95 |
52 Week Range | 41.63 - 69.99 |
Volume | |
Avg. Volume | 3,429,504 |
Market Cap | 15.79B |
Beta (5Y Monthly) | 1.49 |
PE Ratio (TTM) | 10.60 |
EPS (TTM) | 4.78 |
Earnings Date | Apr 27, 2022 - May 02, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Apr 02, 2020 |
1y Target Est | N/A |
(Bloomberg) -- Semiconductors stocks tumbled after Micron Technology Inc. became the latest chipmaker to warn about slowing demand, triggering concern the industry is heading into a painful downturn. Most Read from BloombergAuthor Salman Rushdie Stabbed on Lecture Stage in New YorkTrump Calls for Release of Warrant Documents Used in SearchThe Fed’s Damage to the Housing Market May Last YearsExtreme Heat Uncovers Lost Villages, Ancient Ruins and ShipwrecksChina State-Owned Giants to Delist From U
(Bloomberg) -- Nvidia Corp.’s quarterly revenue missed its projections by more than $1 billion, surprising investors and piling on more evidence that demand for electronic components is drying up quickly after a two-year boom. Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsGarland Seeks to Unseal Trump Warrant, Says He Approved SearchChina Has Painted Itself Into a Semiconductor CornerRuto, Odinga Shy of Vi
Rosenblatt analyst Kevin Cassidy highlighted some key takeaways from last week's semiconductor earnings. Last week's earnings reports made it clear that companies exposed to the higher-end of markets saw their earnings holding up better. Most management teams pointed to an inventory correction phase starting, leading to a cautious stance for 2023. He believes exposure to the higher performance markets such as AI, 5G, and EV automotive have driven the better-than-expected numbers. ON Semiconducto